Oil services company Halliburton said Tuesday it would pay a $1.1 billion settlement over its role in the 2010 Gulf of Mexico oil rig blowout that...
Indorama Eleme Petrochemicals Limited (IEPL), Port Harcourt, and other companies under the Indorama operations in Nigeria contributed a total of $2.7 billion to the nation’s rebased...
ABUJA-A major step aimed at fast-tracking the Federal Government’s Gas Revolution Agenda was taken on Friday by the Nigerian National Petroleum Corporation, NNPC, with the establishment...
LAGOS-International Oil Companies (IOCs) playing in the Nigerian oil and gas space are showing divergent views on the attractiveness of assets as some are moving on...
LAGOS-The development of new oilfields across Africa look set to bring competition to Nigeria, Africa’s largest oil producer. The West African region has traditionally been an...
LAGOS-Oil explorer Afren Plc suspended two associate directors for receiving unauthorised payments for the benefit of its chief executive and COO, who have already been suspended....
the Niger Delta Shell has sold some of four oil fields worth $15 billion up for grabs in Nigeria, it said on Wednesday, as the oil...
LAGOS-The Nigeria Security and Civil Defence Corp has called on pipelines host communities in the country to support its effort in curbing pipeline vandalism. Lagos State...
ABUJA-The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC Dr. Joseph Thlama Dawha has expressed the desire of the Corporation to enhance existing cordial...
Analysts at FBN Capital Limited have bemoaned the negative correlation between Nigeria’s oil output and economic development, saying the oil sector has contributed negatively to the...
